A new trailer for Baz Luhrmann’s adaptation of The Great Gatsby has hit the web, and rest assured, it features more 1920s glitz, glam – and Leonardo DiCaprio.

The trailer begins with DiCaprio, who stars as the titular social climber Jay Gatsby, telling Nick Carraway (Tobey Maguire) his life story. With a little help from Jay-Z and Kanye West’s “No Church in the Wild,” it turns into quite the epic tale of money, power and war. Flash forward to the 1920s and Gatsby is the talk of West Egg — hosting extravagant parties, driving around in his yellow roadster and falling in love with a married woman, Daisy (Carey Mulligan).

But as any F. Scott Fitzgerald aficionado knows, pretty people have problems too.

By the time Florence + the Machine’s “Bedroom Hymns” starts to pound in the background, the trailer has taken on a dangerous tone — and for good reason. Gatsby’s natatorium isn’t exactly a happy place.

As for former lovers Gatsby and Daisy, their scandalous affair heats up in the third act of the trailer. Their romance is accompanied by an extra creepy version of the Turtles’ “Happy Together,” which only foreshadows the heartbreak that’s to come.

The Great Gatsby hits theaters on May 10, 2013. Watch the first trailer, below.

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